Nissan Motor (OTCMKTS:NSANY) Updates FY 2024 Earnings Guidance

Nissan Motor (OTCMKTS:NSANY) issued an update on its FY 2024 earnings guidance on Thursday morning. The company provided earnings per share guidance of -0.150–0.150 for the period. The company issued revenue guidance of $82.1 billion-$82.1 billion.

Nissan Motor Price Performance

Shares of OTCMKTS NSANY opened at $5.39 on Thursday. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.79 and a quick ratio of 1.48. Nissan Motor has a 1-year low of $4.41 and a 1-year high of $8.79. The business’s fifty day moving average price is $5.54 and its two-hundred day moving average price is $5.55. The firm has a market capitalization of $10.01 billion, a PE ratio of 9.98 and a beta of 0.90.

Nissan Motor (OTCMKTS:NSANY) last posted its earnings results on Thursday, February 13th. The company reported $0.09 EPS for the quarter, topping the consensus estimate of ($0.04) by $0.13. Nissan Motor had a net margin of 1.19% and a return on equity of 3.80%. On average, research analysts expect that Nissan Motor will post 0.14 EPS for the current year.

Analysts Set New Price Targets

Separately, Nomura downgraded Nissan Motor from a “buy” rating to a “neutral” rating in a research note on Wednesday, November 27th.

About Nissan Motor

Nissan Motor Co, Ltd. manufactures and sells vehicles and automotive parts worldwide. It sells vehicles under the Nissan and Infiniti brands. The company offers vehicle and vehicle parts; engines, manual transmissions, and multiplier/reducer units; automotive parts; axles; and other related components.